Capital raising

Capital raising

First Atlantic Bank listed in Ghana after oversubscribed IPO

Ghana’s First Atlantic Bank PLC (FAB) listed for trading on the Ghana Stock Exchange (GSE) on 19 December, after an oversubscribed initial public offering (IPO). ...

Capital raising

Ethiopia secures $4.8bn in pledges for mega-airport

Ethiopia’s Finance Minister Ahmed Shide has announced $4.8bn is pledged towards a giant $12.5bn Bishoftu International Airport to be built near Abusera, 40 km South ...

Capital raising

SGTM builds up Casablanca bourse after $548m share offer IPO was 34x over-subscribed

Update 18 December: SGTM listed as the 80th company on the Bourse de Casablanca on 16 December. According to the press release “This operation thus ...

Capital raising

Cash Plus soars 61% after IPO oversubscribed 65x

The share price of Moroccan fintech firm Cash Plus has soared 61% in five days of trading after it listed on the Bourse de Casablanca ...

Capital raising

Dot Com Zambia IPO closed early after 114x oversubscription

FROM THE LUSAKA SECURITIES EXCHANGE MARKET UPDATE: DOT COM ZAMBIA PLC IPO SUCCESSFULLY SUBSCRIBED The Lusaka Securities Exchange (LuSE) wishes to advise the market that ...

Capital raising

UPDATE: Nigerian waste management company hybrid offer extended to 12 January

UPDATE 15 Dec: The Initiates Plc share offer has been extended from 12 December to 12 January, according to this announcement on the company’s website ...

Capital raising

Ethiopia roundup – 4 listings in coming weeks, market index coming

Last week’s sold out 2nd Capital Market Summit hosted by Ethiopian Capital Market Authority (ECMA) has spurred a host of stories and announcements. 70 companies ...

Capital raising

Nigerian agri-business $162m share offer – EXTENDED

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: Ellah Lakes has extended its share offer ...

Capital raising

Dot Com Zambia launches IPO from 27 Nov

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: The Dot Com Zambia IPO closed a ...

Capital raising

Cash Plus IPO in progress and 3 more listings in Casablanca

Morocco’s Bourse de Casablanca (Casablanca Stock Exchange) is dynamic for capital raising this year. Its first listing of the year was oversubscribed 64 times. Fintech ...

Capital raising

Structural reforms boost Morocco’s capital market in run up to World Cup

New listings highlight the success of a 10-year programme with the partners such as the World Bank, which has supported Morocco through the World Bank ...

Bonds

Sustainable finance blooms in Rwanda

Rwanda is moving fast to become a green and sustainable finance hub for Africa. In coming weeks the Rwanda Stock Exchange (RSE) will launch a ...

Capital raising

Nigeria puts spotlight onto dynamic tech firms

The news spotlight is firmly back onto Africa’s high-flying technology scene this week, with the news that a venture fund backed by the Nigerian Government ...

Capital raising

Ethiopian Securities Exchange news roundup

The Ethiopian capital market continues to score new milestones Three more service providers The Ethiopian Capital Market Authority (ECMA) issued licences to 3 new Capital ...

Capital raising

Success with 5x oversubscription on Angola’s $241m IPO share offer

Angola’s stock exchange, the Bolsa de Dívida e Valores de Angola (Bodiva), scored a huge success with the successful outcome of its biggest initial public ...

Capital raising

25 September deadline for Angola’s biggest IPO – SEE NEWER STORY

Update: The offer closed successfully with 5x oversubscription and raised $241m for the 2 selling shareholders. See our updated story here. Investors have just two ...

Capital raising

Nigeria’s GTCO to list on London SE from 9 July

(NOTE: This news report is not legal advice or an official announcement. You are advised to check the official documentation. AfricanCapitalMarketsNews takes no responsibility for ...

Capital raising

Bonyan real estate EGX listing expected in June

Although no date has been given for the listing of Bonyan for Development and Trade on the Egyptian Exchange, the listing is anticipated for next ...

Capital raising

Angola’s Bodiva stock exchange expects more listings

Angola’s stock exchange, the Bolsa de Dívida e Valores de Angola (Bodiva), expects the number of listed companies will soar from 4 to 10 by ...

Capital raising

Nigeria’s new listing tops trading volumes as shares soar

Housing and hospitality group Haldane McCall plc sees its listing on the Main Board of the Nigerian Exchange Limited as the route to raise future ...